Minority investment marks the third for Kudu this year.
The plan is tentatively scheduled to search for active management in emerging market debt and emerging markets equity next year.
The firm has hired Jeff Runnfeldt to serve as cio of its newly acquired global multi-manager investment platform.
The plan continues to fill out its investment staff with the additions of two new asset class heads.
The consulting firm elected six new partners and promoted five new principals.
Firm added five managing directors to bolster its global distribution team.
The plan also added two EAFE equity sub-managers to its emerging manager-of-managers portfolio.
The retirement system disclosed recent private equity and infrastructure commitments from the beginning of the fourth quarter.
Firm added a new global head of small-cap and an additional portfolio manager/analyst.